Summary
BRITAIN's golden era of soaring house prices and cheap money is heading for a dramatic reversal, according to one of the country's top economists.
Former Bank of England policy maker Stephen Nickell predicted the UK faces a decade of rising borrowing costs, which could lead to a sharp slide in asset prices.See the full content of this document
Extract
Asset Price Fall May Spell End of Golden Age
His words came in a submission to the Treasury Committee, which is examining the Bank of England'...
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